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Brand Consultancies, Do This

Four years ago, I wrote the article, Branding Needs Rebranding. In hindsight, the title was a tad misleading because it covered the lack of differentiation and delivery between brand consultancies, it was not an indictment of the entirety of branding. I argued, branding is largely premised on differentiation, so shouldn’t the consultancies be different?

Today, the processes and methodologies of branding and rebranding from consultancies remain the same. Meanwhile, many of the larger consultancies have undergone different kinds of change. Prominent ones have left poor-performing markets and shuttered practice areas where margins grew slim.

Those under the large holding companies have been grouped together for synergies, more on the cost side, than revenue growth. This cycle of consolidation and rationalization is nothing new in the larger communications industry, but it could be less severe or avoided…more on that in a bit.

Let’s set the stage by looking back. Prior to 2000, branding was a nascent practice and profession. Then it exploded. Books, conferences, job titles, and businesses sprung up around brand. The sad fact is, “brand” became a buzzword and consultancies focused on building repeatable processes and methodologies, creating an uninspired assembly line of parity. Brand became ubiquitous but lost its edge.

Same Process, Same Result
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Ad Agencies Confuse Public Relations with Branding

Perhaps we can lay blame on the Creative Revolution in advertising from the early 1960s. That era of broadcast communications produced, on a relative basis, the largest volume of advertising we have ever seen. It is viewed as the pinnacle of Madison Avenue’s influence. At the same time, the public relations profession was having its own golden days. The masters of spin were as sought after as the martini-soaked mad men (apologies for reinforcing the stereotype).

Soon competition among ad agencies grew in the late 1960s and the phone stopped ringing. Work dried up so agencies turned to their public relations cousins for help. From the mid ‘60s on, this meant pumping out press releases and cultivating media to cover agency activities. Most of this trumpeted new business wins and awards gained at the ever-increasing number of shows. This contributed no real or meaningful differentiation especially given all agencies followed the same playbook. The biggest innovation agencies introduced in subsequent decades was hiring public relations professionals to work in-house.

TheOffice

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